===================Program Starting: Sat Mar  2 21:22:22 2024

------ Estimated Model parameters------
             betapar		   0.973900000000000
              Etapar		   0.035000000000000	   0.019500000000000	   0.013500000000000
               Kappa		   0.805460000000000
                PROD		   0.393221996043480	   1.000000000000000	   2.543092731489580
            gmapping		   0.214468075000000	   0.240452275000000	   0.279527000000000
            gmapping		   2.179000000000000	   2.443000000000000	   2.840000000000000
               meang		   0.098425000000000
              kappaE		   0.280000000000000
             psiparW		   1.850000000000000
             psiparE		   1.850000000000000
               nupar		   0.890000000000000
           lambdapar		  50.000000000000000
              phipar		   0.041700000000000
              minpar		   0.040000000000000
              DRIpar		   0.700000000000000
               mupar		   0.500000000000000
             rhostar		   0.400000000000000
              pLTpar		   0.500000000000000
                 muz		   1.000000000000000
                  pz		   0.900000000000000
                sigz		   0.418500000000000
                 PiZ	    0	   0.560778726130851	   0.259823617434122	   0.133150291002764	   0.039046841213730	   0.006540976338574	   0.000624569420485	   0.000034978459473	
                 PiZ	    1	   0.296220025238117	   0.294507026079130	   0.249194329875607	   0.120777504252425	   0.033492649260292	   0.005304420288587	   0.000504045005842	
                 PiZ	    2	   0.110560973209393	   0.212616645309335	   0.296977216213190	   0.237671988222660	   0.108944525314200	   0.028568040727306	   0.004660611003916	
                 PiZ	    3	   0.027951001361554	   0.097723609057729	   0.225422787980110	   0.297805203201214	   0.225422787980110	   0.097723609057729	   0.027951001361554	
                 PiZ	    4	   0.004660611003917	   0.028568040727306	   0.108944525314200	   0.237671988222660	   0.296977216213190	   0.212616645309335	   0.110560973209393	
                 PiZ	    5	   0.000504045005842	   0.005304420288587	   0.033492649260292	   0.120777504252425	   0.249194329875607	   0.294507026079130	   0.296220025238117	
                 PiZ	    6	   0.000034978459473	   0.000624569420485	   0.006540976338574	   0.039046841213730	   0.133150291002764	   0.259823617434122	   0.560778726130851	
               Zgrid	   0.039895158324313	   0.359930143754798	   0.679965129185283	   1.000000114615768	   1.320035100046253	   1.640070085476738	   1.960105070907223	
               mupar		   0.500000000000000
              DRIpar		   0.700000000000000

-------EQUILIBRIUM PRICES AND AGGREGATE--------
r    0.016510391666088 
w    0.253781277852715 
mw    0.327046860519747
u    0.051372640436166 
taxSEA    0.000000000000000 
-------MOMENTS GENERATED & STATISTICS--------
Ratio KY annual [12.16]   10.625148153104114
Fraction of E>nonE [6.7]    7.223015973663056
Fraction of E [8.2]   10.845939920296363
Ratio mworthJ/mworthW [8]    5.768922120530134
Wealth Gini [0.8]    0.634651978677643
Bankruptcy rate [0.75]    0.648219053429910
U>E [2.2]    3.837116387366821
(UL:    0.027358509216668, US:    0.024014131219498) Unemploy. rate [6.4]    5.137264043616634
IUR (Ui/W) [2.5] = 2.858254
W>E 1 [1.07]    1.160795562198735
W>E 2 [0.89]    0.846843317854963
W>E 3 [1.07]    0.992821049922715
W>U 1 [1.07]    1.399032176556890
W>U 2 [0.89]    0.914734741021618
W>U 3 [1.07]    0.686489134250260
Zero wealth fraction [7- 13]    4.363547550601885
------- OTHER MOMENTS GENERATED & STATISTICS--------
Fraction of nonE>E (rlv to whole pop) [0.39]    0.008467700848520
Fraction of U>E (rlv to new entrant) [20]    0.232793770122934
Worker exit rate (rlv to workers) [3-6.5]    0.028957713759177
Nshare (US)    0.036115412243485, 	 Nshare(UL):    0.001229850825308, 	 Nshare(WW):    0.001331779977395, 	 Nshare [0.1]:    0.038677043046187
Earning Gini [0.36]    0.464662096003279
Top 1 [30]    0.125470603129464
Fraction U>nonU (rlv to unemployed) [?]   47.908271682571616

-------TRANSITION Worker to entrepreneur / ABILITY--------
very low	 middle 	 very high
   0.013058787481802	   0.005150702004355	   0.008226429013648	
   0.008975677724839	   0.006548089045157	   0.007676839981765	
-------TRANSITION Worker to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.034499414772825	   0.019382723853237	   0.013371232129840	
-------TRANSITION Entrepreneur to Worker / ABILITY--------
very low 	 middle 	 very high
   0.044090627611154	   0.067720749471875	   0.087124563442485	
-------TRANSITION Entrepreneur to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.015529545063830	   0.005709070309628	   0.007265667197539	
-------TRANSITION Unemployed to Worker / ABILITY--------
very low 	 middle 	 very high
   0.426337509365440	   0.453104187836472	   0.436539391966790	
-------TRANSITION Unemployed to Entrepreneur / ABILITY--------
very low 	 middle 	 very high
   0.044588724748189	   0.030696018861229	   0.046004599662021	
--------- TRANSITION MATRIX BTW OCCUPATIONS ------
  	  U     	 W     	 E 
U 	 0.5209173 	 0.4407116 	 0.0383712 
W 	 0.0212254 	 0.9710423 	 0.0077324 
E 	 0.0099004 	 0.0623298 	 0.9277698 
---------------
--------- WEALTH DISTRIBUTION STATISTICS ------
Top 0.1 [22]    0.025176006963966
Top 1 [41.8]    0.125470603129464
Top 5 [?]    0.327510858016861
Top 10 [77.2]    0.458095372316204
Top 20 [?]    0.644117527892737
Top 40 [?]    0.873802756758943
Bot 20 [?]    0.004918858191537
Bot 40 [?]    0.034774149027824
Bot 60 [?]    0.126197243241057
Bot 80 [?]    0.355882472107263
mworthJ   10.617821262901224
mworthW    1.840520818458458
mworthUi    1.233527265854820
mworthUn    2.543026516289049
avgfirm:   12.948181176163843
---------------
--------- PRODUCTION & CAPITAL -----
capitalJ    1.404351951137847
productionJ (annual)    0.872097955731004
Totalcapital    5.260601227877518
Totallabor    1.092583812649739
Corproduction (annual)    1.108336068180707
Corcapital    3.856249276739671
Totalproduction (annual)    1.980434023911712
capitalJ/Totalcapital    0.266956549319070
---------------
--------- TAXATION -----
Corporate revenu    0.000000000000000
Expenditure    0.002504056039052
Revenue Basis    0.277277316135442
Optimal tax    0.009317470518146
Optimal tax SEA    0.000000000000000
COST SEA:    0.000091121850324    0.000040126143275
COST SEA:    0.000000000000000    0.000000000000000
-------MASS--------
WW    0.840167960360428 
U    0.051372640436166 
VE    0.108459399202964 
-------WELFARE--------
Un -146.965059121799271  Ui -156.149381792134363  J -113.520455340955024  WW -143.342605047451400  Wtot-140.514761167706212   Ctot   0.000000000000000
-------POOL OF ENT--------
THETA: 0,     0.171215779087590,    0.249999999999884,    5.202529003593037,    0.643676295612553  
THETA: 1,     0.087323892819104,    0.499999999999781,   12.636138115585640,    1.109594414039614  
THETA: 2,     0.087974032086250,    0.249999999999893,   28.642306682066085,    1.553168378552971  

 GMM ::  138.538205470017829


 ===================Program ended: Sat Mar  2 21:24:26 2024
 in 124.000000 seconds=================
